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SHIPCHAIN AND GTXCORP PARTNER FOR NFC BLOCKCHAIN SHIPMENT TRACKING SOLUTION

Global tech leader GTXCorp and blockchain-based logistics ShipChain have entered into a new partnership for a global NFC blockchain shipment tracking solution.<br>ShipChain makes transport and logistics effective by offering a secure and transparent supply chain management through blockchain technology. It is an end-to-end logistics platform which leverages blockchain technology to provide a transparent, fully integrated system across the entire supply chain covering the entire journey of a product right from raw material to finished product and until it reaches the customeru2019s doorstep.<br>

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SHIPCHAIN AND GTXCORP PARTNER FOR NFC BLOCKCHAIN SHIPMENT TRACKING SOLUTION

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  1. 1 Copyright © Blockchain Council www.blockchain-council.org

  2. Shipchain and Gtxcorp Partner for NFC Blockchain Shipment Tracking Solution Global tech leader GTXCorp and blockchain-based logistics ShipChain have entered into a new partnership for a global NFC blockchain shipment tracking solution. ShipChain makes transport and logistics effective by offering a secure and transparent supply chain management through blockchain technology. 2 Copyright © Blockchain Council www.blockchain-council.org

  3. It is an end-to-end logistics platform which leverages blockchain technology to provide a transparent, fully integrated system across the entire supply chain covering the entire journey of a product right from raw material to finished product and until it reaches the customer’s doorstep. 3 Copyright © Blockchain Council www.blockchain-council.org

  4. In the words of John Monarch, the CEO of ShipChain, “ShipChain’s new partnership with GTX is another step toward reaching our goal: a transparent, unified, end-to-end logistics platform. Until now, availability and cost of sensors was always a stumbling block. But GTX’s smart tags – integrated into ShipChain’s track and trace platform – provide low cost, powerful tool to give our customers even more information about their shipments. 4 Copyright © Blockchain Council www.blockchain-council.org

  5. Now, we can provide new visibility into food quality, temperature history, location, and handler information. The possibilities are endless, and we cannot wait to watch this partnership unfold and evolve.” 5 Copyright © Blockchain Council www.blockchain-council.org

  6. As per the agreement, ShipChain will make use of the temperature-enabled NFC smart tags of GTX to track shipments which are sensitive to temperature. The tag will not be requiring wires and cables. Temperatures are recorded based on customer-defined intervals and durations. GTX will also be additionally offering its other NFC products which ShipChain will use to optimize its track and trace platform. 6 Copyright © Blockchain Council www.blockchain-council.org

  7. GTXCorp., engaged in the sector of wearable technology, operates two subsidiaries such as Global Trek Exploration and LOCiMOBILE, Inc. The company operates in segments such as design, manufacturing, distribution, development, and sale of products and services in the businesses of Bluetooth Low Energy (BLE) wearable technology and assistive technologies. GTXCorp competes with companies such as Foursquare, Trimble Navigation, Brick House Security, SOS GPS Inc, etc. 7 Copyright © Blockchain Council www.blockchain-council.org

  8. As commented by the CEO of GTXCorp, Patrick Bertagna, “We are all about relationships that help enhance value propositions and ShipChain checks all the boxes. While developing our cutting edge NFC products and talking to customers, we realized we needed to incorporate blockchain security in order to be an influencer in the shipment tracking and monitoring business. By collaborating and integrating our technologies with ShipChain, we will enhance our speed to market while providing a much needed comprehensive solution for the industry.” 8 Copyright © Blockchain Council www.blockchain-council.org

  9. The NFC tags will enable data logging and real-time temperature sensing across products in the supply chain such as food, drinks, perishables, pharmaceuticals, and temperature-sensitive products which may be affected by unfavorable climate conditions during transit. These security measures built into the NFC tags will help prevent contaminated supplies being distributed in the marketplace and unauthorized modification of data logs. This way, retailers, brands, freight forwarders, and distributors will be able to verify shipment quality. 9 Copyright © Blockchain Council www.blockchain-council.org

  10. The encrypted data obtained from the tags will be securely uploaded to the backend of the ShipChain blockchain, thus providing seamless and secure authentication and chain of custody. Shipments can be effectively monitored even while they are in transit using the Tap & Track service. It has the potential to manage a wide range of new government regulatory requirements for shipments which are perishable. 10 Copyright © Blockchain Council www.blockchain-council.org

  11. The integration between GTXCorp and ShipChain has already commenced, and they will be announcing the details of the joint customer once everything gets finalized. As part of the expanding partnership, ShipChain will offer GTX-enabled services to customers. 11 Copyright © Blockchain Council www.blockchain-council.org

  12. Blockchain Council Certifications You can check out our certifications, and kick start your career in the Blockchain space today. ● ● ● ● ● Certified Blockchain Expert Certified Blockchain Developer Certified Smart Contract Developer Certified Solidity Developer Certified Ethereum Developer 12 Copyright © Blockchain Council www.blockchain-council.org

  13. THANK YOU! Any questions? You can mail us at hello@blockchain-council.org 13 Copyright © Blockchain Council www.blockchain-council.org

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